Exam 4: Simple Interest and Installment Calculations

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If simple interest for 2 years for a sum is Rs. 600 and compound interest for the same sum for 2 years and same rate of interest is Rs. 645, what will be the rate of interest?

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Find the principal which yields a simple interest of Rs. 20 and compound interest of Rs. 21 in two years, at the same percent rate per annum?

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A sum becomes Rs. 3000 at the rate of 12% per annum (simple interest). The same sumbecomes Rs. 3300 at the rate of 15% per annum (simple interest) in the same duration. Find thesum and the duration.

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How much should be the annual installment to completely pay off a debt of Rs. 1078 in 6 years at 9% per annum rate of interest?

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Ram gets Rs. 2600 for Rs. 2000 in 5 years at some rate of simple interest. Had he invested inother places where rate of simple interest is 3% more than current rate, how much would haveRam got in same time?

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